22.07.2025 10:49

US Securities and Exchange Commission (SEC) Chairman Paul Atkins has declared that Ethereum (ETH) is not a security, effectively ending a decade of regulatory uncertainty surrounding the cryptocurrency. This decision mirrors the SEC's prior unofficial stance on Bitcoin, highlighting a significant shift in the agency's approach to digital assets.

Atkins emphasized the Ethereum blockchain's crucial role as a foundational technology for numerous digital assets. His statement, therefore, signifies not merely a classification of Ethereum itself, but a broader acknowledgement of its importance within the crypto ecosystem. He further suggested that market acceptance of such assets fuels innovation and development in the sector, implicitly supporting a more lenient regulatory framework.

The chairman's comments are particularly timely, coinciding with a generally improving regulatory climate for cryptocurrencies in the United States. This positive shift contrasts sharply with previous periods of significant regulatory ambiguity and uncertainty. The recent involvement of prominent figures, such as Donald Trump's participation in multiple crypto ventures including a memecoin and a stablecoin, further underscores this evolving landscape.

Atkins's pronouncements represent a landmark moment for the cryptocurrency industry, potentially paving the way for increased regulatory clarity and further adoption. It's important to note, however, that this information is not financial advice and should not be construed as such. Readers are encouraged to conduct their own thorough research before making any investment decisions. Further insights and analyses can be found via internet sources.